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Topic: waiting for altcoin season might take time - page 18. (Read 6921 times)

member
Activity: 546
Merit: 10
The market looks like alts season has come, alts have increased with Btc price the past 24hrs chart. From here moving forward, we can say alts season came at last although it took time but it finally came.
legendary
Activity: 3248
Merit: 1160
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Well, if every people knew about this, they would just dump their coins and then go buy bitcoins instead. Why would they waste their time waiting for the "altcoin" season while they can make some easy profit with bitcoin?
Because they are expecting bigger profit investing in altcoins compared to BTC, and the history proven that investing alts is more profitable than BTC.
I'm talking about the 2017 bull market here.

BTC in 2017, from 900 to 20,000, that's 2,222% increased within a year. 
https://www.coindesk.com/900-20000-bitcoins-historic-2017-price-run-revisited

Now let's look at the altcoins, https://qz.com/1169000/ripple-was-the-best-performing-cryptocurrency-of-2017-beating-bitcoin/
XRP has increase 36,018%, XPR was the top earner in 2017 and I know a lot of people have made a fortune with that.
full member
Activity: 2142
Merit: 183
I am not sure about the altcoin season, some traders hold altcoin and hope that the dominance of bitcoin ends soon.
I advocate not expecting too much with uncertainty, I am more focused on the benefits of short-term trading.

I agree that we should not expect that the altseason will occur in the near future. With the dominance of bitcoin still strong, maybe an altseason will occur but only on some altcoins, not all altcoins. Holding altcoin for the long term might be a good option but we must choose altcoin which is in the top 30 or top 50
Cryptocurrency is developing very quickly and if it is not only already included in the CoinMarketCap list, but also already occupies a place in the top ten, in some way it may be too late to join in terms of deriving the greatest benefit. It is important to distinguish between a promising coin or token at an earlier period, when it is still little known and cheap.
Altcoins, of course, will inevitably grow in value and this will happen repeatedly. For now, we need patience.
copper member
Activity: 2968
Merit: 575
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Well, if every people knew about this, they would just dump their coins and then go buy bitcoins instead. Why would they waste their time waiting for the "altcoin" season while they can make some easy profit with bitcoin? Their change in investment will further cause the price of altcoins to drop. Thus, further drop means people moving for further away from altcoin investment. But does this actually happen? Nope. This is because there are no such thing as "altcoin" season. The market is totally unpredictable. Who knows, the price might jump above the sky tomorrow.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
I believe it's coming very soon. That's why I'm accumulating more alts, mostly HOT, TOMO, OLT,...
I think that you should pay attention to coins that have low capitalization. I am buying coins with a capitalization of up to 60 million dollars.
That's a good range, altcoins dropped an average of 10 times from their highest marketcap, so they are undervalued now.
In the past, if I see a coin with at least 500 million usd marketcap, I also consider it a good coin as long as it has a good liquidity as well, but due to the bear market, most of them dropped significantly, so they are only holding now at 50 million usd and below.
Smart people does not panic even altcoins still did not show signs that it will recover this year.
They will take this opportunity to buy because as the shit coins are going down or dead already, the strong altcoins will remain in the market to compete and because they survive that means they have a chance to pump in the future, provided the altcoin season will again come.

When we say of future, there is no specific time on that, it could be 5 or 10 years, that's long but we have to deal with it.
Now, it's up to us if we are willing to wait for that long but since we have our own prediction, we should stick to what we believe but at least we should be ready if our prediction will not take place.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
I believe it's coming very soon. That's why I'm accumulating more alts, mostly HOT, TOMO, OLT,...
I think that you should pay attention to coins that have low capitalization. I am buying coins with a capitalization of up to 60 million dollars.
That's a good range, altcoins dropped an average of 10 times from their highest marketcap, so they are undervalued now.
In the past, if I see a coin with at least 500 million usd marketcap, I also consider it a good coin as long as it has a good liquidity as well, but due to the bear market, most of them dropped significantly, so they are only holding now at 50 million usd and below.
hero member
Activity: 1050
Merit: 501
corion.io
I believe it's coming very soon. That's why I'm accumulating more alts, mostly HOT, TOMO, OLT,...
I think that you should pay attention to coins that have low capitalization. I am buying coins with a capitalization of up to 60 million dollars.
jr. member
Activity: 41
Merit: 10
I believe it's coming very soon. That's why I'm accumulating more alts, mostly HOT, TOMO, OLT,...
full member
Activity: 812
Merit: 100
www.cd3d.app
after we are patient waiting for the altcoin session to come, what must be considered is do not happen greed. sometimes we want the market to move up even though the target has been reached, this can backfire for ourselves if there is a price reversal. this happens to many people, and eventually their psychology is disturbed and even frustrated, and it's hard to accept reality
full member
Activity: 2142
Merit: 183
Based on technical analysis from experts, we may not see an altcoin season this year. If you are still holding them, you may have to hodl a little longer.
But this doesn’t mean much. The main thing is that the season of altcoins will still be, and will be more than once. You just need to invest correctly in promising projects and patiently wait for your time. Regardless of the state of the market, altcoins develop in very rapid steps and this process can no longer be stopped.
hero member
Activity: 2604
Merit: 816
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I missed it, bull market of 2018. I had never experienced and expected like this bullrun. I don't wanna miss again our next bullrun. I'm holding my coin even recently this coin pumped a little bit, but I'm waiting for altcoin session.

So you need to hold your coin tight, and don't sell it at a low price. We will see the next bull run because that will happen in the future. The problem is, can we hold the coin for the unknown time? That really needs a big patient to keep all of the coins, and I don't think that most people can do that. We don't know when the altcoin season will come, the only thing that we know is it will come soon. I believe that all people are waiting for the bull run like you and they still hold their coin as you too.
hero member
Activity: 3178
Merit: 661
Live with peace and enjoy life!
we have to be   very patient waiting this moment coming.not all traders and investors could do this.
I believe those who are only patient in this crypto market will only be the one making profits and enjoying it once altcoins season will come. The market is very unstable for altcoins and some of them are already losing their value from time to time. Left are those who got really potentials and have still bigger chances to make good developments in the future.
hero member
Activity: 2856
Merit: 644
https://duelbits.com/
I am not sure about the altcoin season, some traders hold altcoin and hope that the dominance of bitcoin ends soon.
I advocate not expecting too much with uncertainty, I am more focused on the benefits of short-term trading.
member
Activity: 588
Merit: 10
Decentralized Ascending Auctions on Blockchain
If considering the year 2017 a sense of regret inevitably arises. Because we do not maximize our efficacy to produce enormous gains. Now to wait for the Altcoin season is very difficult and in a few months indeed the price of Bitcoin is increasing very high. But the price of Altcoin to grow
 Very slow to follow the Bitcoin movement.

Indeed, we must be patient in trading and we must be sure that the Altcoin season will definitely arrive. The Altcoin season can occur at the end of the year 2019 or 2020.
newbie
Activity: 42
Merit: 0
For sure. Invested 8K usd in mining equipment which I bought on globemining few months ago. I have a decent income now, which I regard as passive one. That's a great option, believe!
I believe, know globemining by the way. Great site according to many reviews. What about electricity cost in your region? And as for this topic: mining farms are loud nowadays?
They have always been. But asic miners are > gpu miners, there is no doubt here.
I see, thanks bro! Good luck in your activities!
Thank you! Think of mining one day!
newbie
Activity: 70
Merit: 0
For sure. Invested 8K usd in mining equipment which I bought on globemining few months ago. I have a decent income now, which I regard as passive one. That's a great option, believe!
I believe, know globemining by the way. Great site according to many reviews. What about electricity cost in your region? And as for this topic: mining farms are loud nowadays?
They have always been. But asic miners are > gpu miners, there is no doubt here.
I see, thanks bro! Good luck in your activities!
newbie
Activity: 42
Merit: 0
For sure. Invested 8K usd in mining equipment which I bought on globemining few months ago. I have a decent income now, which I regard as passive one. That's a great option, believe!
I believe, know globemining by the way. Great site according to many reviews. What about electricity cost in your region? And as for this topic: mining farms are loud nowadays?
They have always been. But asic miners are > gpu miners, there is no doubt here.
newbie
Activity: 70
Merit: 0
For sure. Invested 8K usd in mining equipment which I bought on globemining few months ago. I have a decent income now, which I regard as passive one. That's a great option, believe!
I believe, know globemining by the way. Great site according to many reviews. What about electricity cost in your region? And as for this topic: mining farms are loud nowadays?
newbie
Activity: 42
Merit: 0
For sure. Invested 8K usd in mining equipment which I bought on globemining few months ago. I have a decent income now, which I regard as passive one. That's a great option, believe!
newbie
Activity: 70
Merit: 0
Good afternoon thread! I just enered a world of crypto by my own, what ways are there to earn money? I heard about bounties, trading, holding and mining. What ways do you choose and why?
I have a mining farm and hold several alts. I think it is always better to combine different activities to derive maximum profit.
And why not trading or bounties? Many people find their path there
I do not have time for bounty hunting. It’s ridiculous and shamefully. As for trading: you need to spend long hours watching all these indicies and react quickly.
You do not react quickly? And what about mining? Have you succeeded?
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